How do you turn a small franchise into a massive empire?

In this episode, Dan Rowe chats with Neel Bhargava, co-founder of NB Group, who’s reshaping the world of franchise investment with his unique multi-unit, multi-brand approach. Neel’s journey took him from the world of consulting and private equity to becoming a powerhouse entrepreneur, scaling some of the most successful brands in the franchise space.

In this episode of Smart Franchising Podcast, Neel reveals:

• How he invested in Crunch Fitness group that scaled from just 10 locations to over 65
• The European Wax Center’s strategic growth and how it sparked huge expansion
• Franchise investment: the pros and cons from a private equity perspective
• Managing the complexities of team building, financial infrastructure, and making the right investments

We aim to make at least three and a half times our money on every investment… Payback period on that new build CapEx is critical to determining how much we like a multi-unit concept.”